Credit Portfolio Stress Testing, VP

JAC Recruitment Pte Ltd; Singapore; On-site; SGD 180,000 - 260,000; Full time

Job summary

JAC Recruitment Pte Ltd is seeking a VP for Credit Risk Stress Testing in Singapore. You will lead the regional stress testing framework, ensuring governance and analytical rigor across stress-testing activities.

You will develop macroeconomic and borrower-specific scenarios, evaluate impacts on expected loss and risk metrics, and drive ongoing enhancements in methodologies and reporting. Strong collaboration with regional teams is essential.

Qualifications

• Bachelor’s degree in Finance, Economics, or related discipline.
• 8+ years in credit risk management, stress testing, or similar.
• Strong understanding of top-down and bottom-up stress testing approaches.
• Solid knowledge of banking products and corporate/institutional credit risk concepts.
• Ability to challenge and improve risk frameworks and methodologies.
• Excellent written and spoken English; stakeholder management across locations.

Responsibilities

• Lead design, execution and enhancement of regional credit stress testing initiatives.
• Develop macroeconomic, sector-specific, and borrower-specific stress scenarios.
• Evaluate impact on expected loss, credit costs, profitability and risk appetite metrics.
• Enhance stress testing frameworks, governance, validation, and reporting.

Skills

Credit risk modelling

Stress testing

Stakeholder management

Strong communication

Python

SAS

Excel

PowerPoint

English proficiency

Education

Bachelor’s degree or equivalent

Tools

Python

SAS

Excel

PowerPoint

Job description

Company Overview

A company in the banking industry is hiring for a Credit Risk Stress Testing, VP position.

This is an exciting opportunity for an experienced credit risk professional to play a key role in strengthening regional credit risk management capabilities. The role offers the opportunity to drive the development of stress testing frameworks, enhance risk governance standards, and influence strategic decision-making through meaningful portfolio insights and analysis. Working closely with stakeholders across the region, you will contribute to ensuring portfolio resilience and supporting effective risk management practices.

Job Description

As a Credit Risk Stress Testing, you will lead the development, execution, and enhancement of regional credit stress testing capabilities while ensuring robust governance and analytical rigor across the stress testing framework.

Key responsibilities include:

• Lead the design, execution, and enhancement of periodic and ad hoc credit stress testing exercises for regional portfolios, including top-down and bottom-up scenario analysis.

• Develop, refine, and assess macroeconomic, sector-specific, and borrower-specific stress scenarios, including interest rate shocks, refinancing risk, asset value deterioration, geopolitical developments, and other downside events.

• Evaluate the impact of stress scenarios on portfolio credit quality, expected loss, credit costs, profitability, concentration risk, and risk appetite metrics, providing recommendations to senior management.

• Drive the enhancement of stress testing frameworks, methodologies, governance standards, validation practices, sensitivity analysis, and reporting processes to improve consistency, transparency, and management usefulness.

• Monitor macroeconomic, market, industry, and borrower developments, including early warning indicators, and assess their potential impact on regional portfolios.

• Strengthen stress testing governance by establishing clear roles, responsibilities, challenge processes, and frameworks covering scenario design, model lifecycle management, validation, and reporting.

• Collaborate with business units, regional offices, and key stakeholders to align stress testing outputs with portfolio management priorities, risk appetite, business strategy, and regional credit risk management initiatives.

Qualifications

• Bachelor’s degree or equivalent in Finance, Economics, Accounting, Business, or a related discipline.

• Minimum 8 years of relevant experience in credit risk management, stress testing, or related functions within a financial institution.

• Strong credit risk modelling skills with a solid understanding of stress testing methodologies, including top-down and bottom-up approaches.

• Good knowledge of banking products and corporate or institutional credit risk concepts.

• Proven ability to assess, challenge, and enhance risk management frameworks and methodologies.

• Strong communication and stakeholder management skills, with the ability to work effectively across functions and locations under tight timelines.

• Ability to provide independent challenge, practical guidance, constructive feedback, and knowledge sharing to team members.

• Proficiency in Python, SAS, Excel, and PowerPoint.

• Experience with data analytics or data visualization tools will be an advantage.

• Excellent written and spoken English communication skills.

We regret to inform that only shortlisted candidates will be notified.
We appreciate your understanding.